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March 24, 2009

Published by Michael J. Novogradac on March 24, 2009, midnight

Today is Tuesday, March 24th, 2009.  This week we have several exciting developments to discuss. First, we will share the Treasury Department’s plans to allocate the $3 billion in additional new markets tax credit  authority provided by the American Recovery and Reinvestment Act of 2009, or the Recovery Act. We will also outline the changes in the 2009 income limit data released by the U.S. Department of Housing and Urban Development. And finally, we will update listeners on the California housing tax credit allocating agency’s plans for the LIHTC provisions of the Recovery Act.

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